Cost of Living in Perry hall, MD
Housing
The housing market plays a significant role in determining the cost of living in Perry hall, MD.
- Housing Index: 125.0 / 100
- Median Home Price is: $399,000
- Average Rent (2 BR Apartment): $1950 per month
- Average Rent (2 BR House): $2000 per month
Considering a move to Perry hall, MD? With a housing index of 125.0, the property market appears moderately priced. The median home price stands at 399000, making home ownership a possibility for many families. Meanwhile, renting is also an option, with average rents for a 2BR apartment at 1950 and a 2BR house costing around 2000. Research indicates that high demand can lead to fluctuating costs, so it's wise to factor in long-term market forecasts and lifestyle preferences before deciding.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Perry hall, MD.
- Electricity Price: $17.41 USD (median by state)
- Natural Gas Price: $18.44 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $275 per month
Living in Perry hall, MD could entail higher utility costs. Electricity costs sit at $17.41, while natural gas is priced at $18.44 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $275 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Perry hall is a financially viable option for your relocation.